Top 2016 Investments for Manufacturers

3D printer concept

Top 2016 Investments for Manufacturers

The constant market fluctuation of demand creates a seemingly unending state of change for manufacturing. Data is everything in modern industry, without up-to-the-minute knowledge, companies can become too out of touch with market needs and potentially fail. For manufacturers to remain viable, some retooling may be needed.

3D Printing

Manufacturing companies are often required to keep parts on hand in the event a component. With the advent of 3D printing, companies are no longer wasting valuable storage space with “just in case” parts. Along with making repairs a breeze, 3D printers are great for creating visual models of prototypes.

IoT

 The Internet of Things (IoT) software is an invaluable time and resource saver for companies. By having data from your factory accessible online, companies can see when a machine is losing productivity or deterring outages. By investing in IoT, industries can expect to see less cost and improved revenue.

To read more on this topic, please visit: www.manufacturing.net.

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